Tag: funding
5 ways technology is improving sports
UK games industry to receive £2 million funding boost
The UK games industry is to get a £2 million government funding boost, spearheaded by Ed Vaizey, Secretary of State for Business Innovation and Skills. The news follows the coalition government's move to scrap a proposed 20% tax break for…
Twitter about to secure another $100 million of funding
According to WSJ that makes Twitter worth a nice round $1 billion. Not bad for a company that hasn't yet made any money or indeed said how it intends to make money. For reference sake Facebook, which has around 300 million users, is apparently worth around $15 billion
Bebo and Slicethepie announce partnership
Second-tier social network Bebo and innovative fan-funding mechanic Slicethepie have got together to offer an attractive proposition for both Bebo users and bands using the Slicethepie service.
Slicethepie works by crowd-sourcing the A&R process, something that I strongly advocated in my series of posts on innovating digital music. People can invest in bands, and once a band has enough to make an album, any investors get a share of the revenues from selling that album, as well as a credit .
The partnership means that Bebo users will be able to review and rate content on the service, and will be paid a small fee for doing so. Bands that get financed via the Bebo showcase will gain a promotional package that Bebo claims is worth £50k, that’ll include an album launch party, promotion on the Bebo homepage, and exposure to major label A&Rs.
The first “Scout Room” on Bebo will go live this month, so if you’re in a band, it’s definitely worth a look. Just make sure you’ve got a strong presence on Bebo too. What does Bebo get out of it? More bands on a service that’s struggling to compete with Myspace, let alone Facebook’s dominance of the sector.
Professor given $100,000 to study World of Warcraft; Survey says MMO players aren't fat
Pictured left is one of the luckiest ladies alive. The National Science Foundation in the USA has decided to grant her, Prof. Bonnie Nardi, $100,000 of American taxpayer’s money to study World of Warcraft. Or, to be specific, why Americans make more modifications to the game than Chinese players do. Gosh, that’s a lot of money.
Europe funding Bittorrent-like internet TV standard
You know Bittorrent? The evil scourge of the media world? Well, it’s being pursued by the EU as a possible standard for distributing TV online throughout Europe. Bittorrent’s going LEGIT.
The hope is to establish a Europe-wide standard for online delivery of telly, based around the Bittorrent format, which will provide access to stored archive material and streamed live events – and the P2P nature of it all will help stop the servers crashing on Eurovision night or when Manchester United plays Barcelona…
Google to invest $10 million into green start-ups
Perhaps scared of the recent backlash they’ve been receiving from the internet-using public, Google have announced they’ll be investing $10 million into green start-ups with a new scheme dubbed RechargeIT….
